Your staff will include a diverse range of people. Celebrating each individual's success is about how that success has improved your business - so why not get all of your employees involved in recognising the wins? Peer-to-peer recognition builds a better work culture and is easy to promote with an Employee Recognition Programme.
Your staff will likely be comprised of people from all walks of life and levels of industry experience. On top of this, you may have hundreds of employees spanning dozens of locations, meaning there is a degree of anonymity that comes from being recognised for success by a remote manager in charge of employee rewards.
Instead, connect every one of your employees with an online Rewards Programme that focuses on peer-to-peer recognition. Get your staff more engaged with how your whole business works and create a happier, more connected workplace by removing the recognition hierarchy and spreading the love across every team in your business!
The value of employee connection
In the clockwork of a modern large-scale enterprise, different departments work almost entirely independent of the each other, rarely getting the chance to engage with each other. Incentive programme providers You've Earned It! say 93 per cent of employees believe staff connections are important - but more than half also believe these interactions aren't valued by their company.
Changing this mindset is key to fostering a greater workplace culture. Each individual should care about more than just what goes on in their own team. The best way to do this is by introducing an Employee Recognition Programme that maximises the input of peer-to-peer recognition over traditional management-down models.
The benefits of peer-to-peer recognition
A workplace analysis survey from Globoforce found that nine out of ten workers said values-based, peer-to-peer recognition made them more satisfied with their work. There are four main benefits to this method for celebrating the successes of your team:
Equality in feedback - Giving employees an online platform to officially nominate others for good work and celebrate the success of people across your whole business gives all employees an equal voice in showing what they value.
Improving your workplace culture - The power to share in everyone's success makes for a more connected and valuable workforce, and also get your employees thinking about your company's core values and how to achieve them.
Covering all your bases - Team managers don't have the time to track every activity in your department. Peer-to-peer recognition works so well because people who work together daily have a formal platform to celebrate each other.
Getting to know your peers - When you have a central platform for everyone to track ongoing successes in your business, your staff have the chance to get to know more about what their colleagues do day-to-day.
Companies with peer-to-peer recognition are 35 per cent more likely to report lower turnover
The rewards for using an Employee Rewards Programme that keeps peer-to-peer recognition values at its heart are not just in a better workplace - Globoforce data shows companies with peer-to-peer recognition are 35 per cent more likely to report lower turnover.
Power2Motivate UK's commitment to peer-to-peer recognition
Our incentive programmes are available across 150 countries and in 17 languages, with over 2.5 million users worldwide. This widespread interest shows that businesses are ramping up their efforts to deliver rewards to their staff that matters most - but it also shows the way success is recognised is changing.
Our online incentive platform boasts numerous features that support a peer-to-peer recognition strategy, including the Nomination Wizard. This allows employees to create a nomination for success that can either be automatically uploaded or sent to the nominee's manager for approval. Another peer-to-peer recognition tool is the Social feed, which streams reward news and company updates. On it, workers are able to add 'peers' and build their own network to celebrate all of your business' successes!
For more information about shaking up your company's recognition culture with the help of an Employee Rewards Programme, contact the Power2Motivate UK team today.